Continue to receive explanations on the draft Law on Credit Institutions (amended)

Speaking at the meeting, Vice Chairman of the National Assembly Nguyen Duc Hai said that at the 29th meeting, the National Assembly Standing Committee gave opinions on explaining, accepting and revising the draft Law on Credit Institutions (amended). After the meeting, the Standing Committee of the Economic Committee actively worked with a number of relevant agencies to review and accept the opinions of the National Assembly Standing Committee's Conclusion to complete the draft Law.

The draft Law on Credit Institutions (amended) after receiving explanations includes 15 chapters and 210 articles, an increase of 10 articles compared to the draft Law submitted at the 6th Session.

At this meeting, the National Assembly Standing Committee will focus on giving opinions on a number of contents including: Article 159, On measures to support credit institutions to intervene early; On the effective date, Clause 1, Article 209; On transitional regulations for a number of contents of Resolution No. 42 shown in Clauses 6 and 7, Article 210; On impact assessment.

Dialogue - Continue to receive explanations on the draft Law on Credit Institutions (amended) (Figure 2). — Vice Chairman of the National Assembly Nguyen Duc Hai chaired the meeting (Photo: Quochoi.vn).

After listening to Chairman of the National Assembly's Economic Committee Vu Hong Thanh present a summary report on a number of major issues on acceptance, explanation and revision of the draft Law on Credit Institutions (amended), members of the National Assembly Standing Committee discussed; the Government representative reported to clarify a number of issues of concern to delegates; Vice Chairman of the National Assembly Nguyen Duc Hai concluded the discussion.

Dialogue - Continue to receive explanations on the draft Law on Credit Institutions (amended) (Figure 3). — Chairman of the Economic Committee Vu Hong Thanh briefly reported on a number of major issues in receiving, explaining, and revising the draft Law on Credit Institutions (amended) (Photo: Quochoi.vn).

The draft Law on Credit Institutions (amended) has been discussed through two sessions of the National Assembly, but there are still a number of issues that have not reached high consensus.

Therefore, at the 6th session, the National Assembly decided not to pass this draft law because this is a difficult law, related to many areas, has a great impact on the economy and people's lives, and needs to apply a special, unprecedented process to thoroughly consider all aspects.

This decision of the National Assembly received the consensus and high support of public opinion, demonstrating the cautious and responsible spirit of the National Assembly in legislative activities, always promoting quality and efficiency, not chasing after quantity and progress .

Source